7, CARR GATE, BILLINGHAY, LINCOLN, LN4 4HD - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 CARR GATE is a midsized detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £268,007. It was last sold for £155,000 in February 2005, which was around 9% below the average February 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

7 CARR GATE Sold Prices

Land registry data shows two sales for 7 CARR GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 7 CARR GATE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 11 FEB	£155,000	£170,405	9% below HPI
2003 28 FEB	£119,950	£130,146	8% below HPI

7 CARR GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 7 CARR GATE sales from February 2003 and February 2005 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2005 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 CARR GATE be worth now?

7 CARR GATE might now be worth an estimated £268,007.

This is based on house price inflation of 72.9%, between February 2005 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.9% inflationary increase is applied to the most recent sale price for 7 CARR GATE of £155,000 on 11th February 2005. For the value to have increased from £155,000 to £268,007 over the eighteen years and two months to December 2024, the following assumptions must hold true:

• The value of 7 CARR GATE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2005 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CARR GATE has not materially changed since February 2005.

How Large is 7 CARR GATE?

7 CARR GATE is 115m² according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billinghay, and where 7 CARR GATE lies on this distribution: 57% of detached houses houses are smaller than 7 CARR GATE, and 42% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

7 CARR GATE: Plot and Title Map

7 CARR GATE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 7 CARR GATE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 CARR GATE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 CARR GATE?

7 CARR GATE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 7 on CARR GATE.